Liberum Capital Reiterates “Hold” Rating for Derwent London (DLN)
Derwent London (LON:DLN)‘s stock had its “hold” rating reiterated by stock analysts at Liberum Capital in a report issued on Friday, American Banking News.com reports.
Shares of Derwent London (LON:DLN) opened at 2559.00 on Friday. Derwent London has a one year low of GBX 2101.00 and a one year high of GBX 2595.00. The stock has a 50-day moving average of GBX 2441. and a 200-day moving average of GBX 2416.87. The company’s market cap is £2.621 billion.
DLN has been the subject of a number of other recent research reports. Analysts at Kempen & Co reiterated an “overweight” rating on shares of Derwent London in a research note to investors on Wednesday. They now have a GBX 2,650 ($43.46) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Derwent London in a research note to investors on Monday, December 16th. They now have a GBX 2,140 ($35.10) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Derwent London in a research note to investors on Wednesday, December 11th. They now have a GBX 2,506 ($41.10) price target on the stock. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 2,553.05 ($41.87).
Derwent London plc is a real estate investment trust (LON:DLN) focused on the central London commercial property market.
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